NBIG vs. HDV
NBIG (Leverage Shares 2X Long NBIS Daily ETF) and HDV (iShares Core High Dividend ETF) are both exchange-traded funds - NBIG is a Leveraged Equities fund actively managed by Leverage Shares, while HDV is a Dividend fund tracking the Morningstar Dividend Yield Focus Index. NBIG is actively managed, while HDV is passively managed. At a correlation of -0.10, they often move in opposite directions. NBIG charges 0.75%/yr vs 0.08%/yr for HDV.
Performance
NBIG vs. HDV - Performance Comparison
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Returns By Period
In the year-to-date period, NBIG achieves a 565.40% return, which is significantly higher than HDV's 12.57% return.
NBIG
- 1D
- -1.88%
- 1M
- 60.92%
- YTD
- 565.40%
- 6M
- 432.96%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HDV
- 1D
- 0.15%
- 1M
- -2.65%
- YTD
- 12.57%
- 6M
- 12.67%
- 1Y
- 19.54%
- 3Y*
- 14.97%
- 5Y*
- 10.90%
- 10Y*
- 9.31%
NBIG vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIG Leverage Shares 2X Long NBIS Daily ETF | 565.40% | -59.80% |
HDV iShares Core High Dividend ETF | 12.57% | 0.88% |
Correlation
The correlation between NBIG and HDV is -0.10, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025 | -0.10 |
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Return for Risk
NBIG vs. HDV — Risk / Return Rank
NBIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HDV
NBIG vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and iShares Core High Dividend ETF (HDV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NBIG | HDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.34 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.79 | — |
| Martin ratioReturn relative to average drawdown | — | 10.39 | — |
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Drawdowns
NBIG vs. HDV - Drawdown Comparison
The maximum NBIG drawdown since its inception was -75.83%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for NBIG and HDV.
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Drawdown Indicators
| NBIG | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.83% | -37.04% | -38.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.49% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.04% | — |
Current DrawdownCurrent decline from peak | -1.88% | -2.65% | +0.77% |
Average DrawdownAverage peak-to-trough decline | -40.91% | -3.08% | -37.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.89% | — |
Volatility
NBIG vs. HDV - Volatility Comparison
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Volatility by Period
| NBIG | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.37% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.52% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 199.52% | 9.87% | +189.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 199.52% | 12.80% | +186.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 199.52% | 15.74% | +183.78% |
NBIG vs. HDV - Expense Ratio Comparison
NBIG has a 0.75% expense ratio, which is higher than HDV's 0.08% expense ratio.
Dividends
NBIG vs. HDV - Dividend Comparison
NBIG has not paid dividends to shareholders, while HDV's dividend yield for the trailing twelve months is around 2.94%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDV iShares Core High Dividend ETF | 2.94% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
NBIG Leverage Shares 2X Long NBIS Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NBIG and HDV have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HDV is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HDV is cheaper with a 0.08% expense ratio, compared with 0.75% for NBIG.
HDV has the higher dividend yield at 2.94%, compared with 0.00% for NBIG.
NBIG is categorized as Leveraged Equities, while HDV is Dividend. They also come from different issuers: Leverage Shares and iShares. Their fees differ too: 0.75% for NBIG and 0.08% for HDV.
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